Skip to main content

Alerus Financial Corp

ALRS
Exchange
Nasdaq
Industry
National Commercial Banks
SEC CIK
0000903419

In the last 90 days, Alerus Financial Corp insiders filed 1 open-market purchase and 1 sale; 161 institutions reported holding it in 13F filings for Q2 2026, worth $503.9M in total; no superinvestor holds it.

13F holders, Q3 2024

Institutional positions in Alerus Financial Corp as of Sep 30, 2024. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
102
+9 vs. Q2 2024
Shares held
9.94M
+2.10M (+26.8%) vs. Q2 2024
Total value
$227.6M
+$73.8M (+48.0%) vs. Q2 2024
New holders
15
34 more added
Sold out
6
25 more reduced

1 institution that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ALRS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2024: 102 institutions
Q1 2021: 61 institutionsQ2 2021: 60 institutionsQ3 2021: 58 institutionsQ4 2021: 70 institutionsQ1 2022: 74 institutionsQ2 2022: 68 institutionsQ3 2022: 78 institutionsQ4 2022: 78 institutionsQ1 2023: 68 institutionsQ2 2023: 68 institutionsQ3 2023: 71 institutionsQ4 2023: 79 institutionsQ1 2024: 88 institutionsQ2 2024: 94 institutionsQ3 2024: 102 institutionsQ4 2024: 111 institutionsQ1 2025: 113 institutionsQ2 2025: 126 institutionsQ3 2025: 136 institutionsQ4 2025: 142 institutionsQ1 2026: 149 institutionsQ2 2026: 161 institutions
Value heldQ3 2024: $227.6M
Q1 2021: $191.3MQ2 2021: $184.9MQ3 2021: $190.2MQ4 2021: $201.1MQ1 2022: $197.1MQ2 2022: $166.2MQ3 2022: $184.6MQ4 2022: $199.4MQ1 2023: $136.0MQ2 2023: $158.4MQ3 2023: $159.1MQ4 2023: $203.7MQ1 2024: $204.9MQ2 2024: $186.7MQ3 2024: $227.6MQ4 2024: $256.1MQ1 2025: $250.6MQ2 2025: $302.6MQ3 2025: $327.5MQ4 2025: $346.7MQ1 2026: $375.3MQ2 2026: $503.9M
Institutions holding ALRS and their total value by quarter
QuarterHoldersValue
Q2 2026161$503.9M
Q1 2026149$375.3M
Q4 2025142$346.7M
Q3 2025136$327.5M
Q2 2025126$302.6M
Q1 2025113$250.6M
Q4 2024111$256.1M
Q3 2024102$227.6M
Q2 202494$186.7M
Q1 202488$204.9M
Q4 202379$203.7M
Q3 202371$159.1M
Q2 202368$158.4M
Q1 202368$136.0M
Q4 202278$199.4M
Q3 202278$184.6M
Q2 202268$166.2M
Q1 202274$197.1M
Q4 202170$201.1M
Q3 202158$190.2M
Q2 202160$184.9M
Q1 202161$191.3M

Institutions, Q3 2024

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q2 2024.

Institutions holding ALRS in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Alerus Financial NA2,124,723$48.6M3.57%−9,510−0.4%Reduced
BlackRock, Inc.1,687,118$38.6M0.00%+1,687,118New
Vanguard Group Inc948,713$21.7M0.00%+20,647+2.2%Added
Banc Funds Co LLC543,586$12.4M1.35%00.0%Unchanged
Geode Capital Management, LLC416,072$9.52M0.00%+15,966+4.0%Added
Ameriprise Financial Inc365,215$8.36M0.00%+8,058+2.3%Added
State Street Corp351,775$8.12M0.00%+3,623+1.0%Added
Dimensional Fund Advisors LP302,942$6.93M0.00%+28,327+10.3%Added
Endeavour Capital Advisors Inc297,351$6.80M2.14%+8,475+2.9%Added
Stieven Capital Advisors, L.P.260,748$5.97M1.13%+260,748New
Northern Trust Corp170,470$3.90M0.00%−1,410−0.8%Reduced
Cutler Capital Management, LLC158,972$3.64M1.29%00.0%Unchanged
Charles Schwab Investment Management Inc149,280$3.42M0.00%+5,184+3.6%Added
American Century Companies Inc148,699$3.40M0.00%−16,196−9.8%Reduced
Bank of New York Mellon Corp109,582$2.51M0.00%−13,930−11.3%Reduced
Goldman Sachs Group Inc108,864$2.49M0.00%+29,873+37.8%Added
Zacks Investment Management102,713$2.35M0.02%+6,903+7.2%Added
Bridgeway Capital Management, LLC101,937$2.33M0.05%−22,922−18.4%Reduced
Mairs & Power Inc97,729$2.24M0.02%−235−0.2%Reduced
Keeley-Teton Advisors, LLC89,821$2.06M0.23%00.0%Unchanged
Sippican Capital Advisors80,525$1.84M1.29%+3,665+4.8%Added
Morgan Stanley79,618$1.82M0.00%+20,918+35.6%Added
Los Angeles Capital Management LLC62,764$1.44M0.01%−7,200−10.3%Reduced
Basswood Capital Management, L.L.C.60,240$1.38M0.07%00.0%Unchanged
CWM, LLC58,410$1.34M0.01%+117+0.2%Added
Wealth Forward, LLC50,279$1.15M0.81%−5,200−9.4%Reduced
Two Sigma Advisers, LP50,000$1.14M0.00%+2,000+4.2%Added
Citadel Advisors LLC49,928$1.14M0.00%−48,426−49.2%Reduced
Two Sigma Investments, LP49,828$1.14M0.00%−12,985−20.7%Reduced
Federated Hermes, Inc.47,608$1.09M0.00%+46,089+3,034.2%Added
Qube Research & Technologies Ltd47,449$1.09M0.00%+11,898+33.5%Added
Empowered Funds, LLC46,937$1.07M0.02%+2,278+5.1%Added
Nuveen Asset Management, LLC45,217$1.03M0.00%00.0%Unchanged
Barclays PLC44,399$1.02M0.00%+16,436+58.8%Added
Millennium Management LLC39,474$903.2K0.00%−1,844−4.5%Reduced
HSBC Holdings PLC38,109$860.9K0.00%−455−1.2%Reduced
LPL Financial LLC33,418$764.6K0.00%+33,418New
Invesco Ltd.32,498$743.6K0.00%−14,367−30.7%Reduced
Squarepoint Ops LLC30,853$705.9K0.00%−15,986−34.1%Reduced
Rhumbline Advisers27,397$626.8K0.00%+1,127+4.3%Added
Mariner, LLC24,254$554.9K0.00%+3,487+16.8%Added
JPMorgan Chase & Co24,214$554.0K0.00%+16,336+207.4%Added
Foundry Partners, LLC23,160$529.9K0.03%+23,160New
State of Wisconsin Investment Board21,100$482.8K0.00%−5,599−21.0%Reduced
Bank of America Corp20,543$470.0K0.00%−4,255−17.2%Reduced
Petrus Trust Company, LTA20,421$467.2K0.05%−135−0.7%Reduced
Susquehanna International Group, LLP20,321$464.9K0.00%+20,321New
Lafayette Investments, Inc.20,100$459.9K0.10%00.0%Unchanged
Walleye Capital LLC18,516$423.6K0.00%+18,516New
CWM Advisors, LLC18,230$417.1K0.04%+18,230New
First PREMIER Bank17,036$390.0K0.10%00.0%Unchanged
Riverwater Partners LLC14,828$323.8K0.16%−401−2.6%Reduced
Citigroup Inc13,715$313.8K0.00%+9,090+196.5%Added
Black Maple Capital Management LP13,541$309.8K0.23%+13,541New
Bailard, Inc.13,500$308.9K0.01%00.0%Unchanged
Deutsche Bank AG13,125$300.3K0.00%+5,069+62.9%Added
Alliancebernstein L.P.11,770$269.3K0.00%+250+2.2%Added
Man Group plc11,130$254.7K0.00%+11,130New
MetLife Investment Management10,655$243.8K0.00%00.0%Unchanged
Jane Street Group, LLC10,261$234.8K0.00%−10,057−49.5%Reduced
Wells Fargo & Company10,188$233.1K0.00%+352+3.6%Added
Harbor Advisors LLC9,867$225.8K0.04%+9,867New
Mirae Asset Global ETFs Holdings Ltd.9,775$223.7K0.00%+13+0.1%Added
UBS Group AG9,647$220.7K0.00%+2,960+44.3%Added
Corebridge Financial, Inc.9,536$218.2K0.00%−59−0.6%Reduced
SG Americas Securities, LLC6,222$142.0K0.00%+6,222New
Royal Bank of Canada5,579$128.0K0.00%−99−1.7%Reduced
New York State Common Retirement Fund4,551$104.1K0.00%−4,600−50.3%Reduced
Horrell Capital Management, Inc.4,440$102.0K0.03%00.0%Unchanged
Advisor Group Holdings, Inc.2,342$53.6K0.00%+29+1.3%Added
Acadian Asset Management LLC2,323$52.0K0.00%−3,506−60.1%Reduced
US Bancorp2,240$51.3K0.00%00.0%Unchanged
Hanson & Doremus Investment Management2,000$46.0K0.01%00.0%Unchanged
Ameritas Investment Partners, Inc.1,781$40.7K0.00%00.0%Unchanged
Legal & General Group Plc1,526$34.9K0.00%00.0%Unchanged
FMR LLC1,473$33.7K0.00%+1+0.1%Added
California State Teachers Retirement System1,292$29.6K0.00%00.0%Unchanged
Great West Life Assurance Co1,235$28.0K0.00%+157+14.6%Added
The PNC Financial Services Group, Inc.1,010$23.1K0.00%00.0%Unchanged
Proequities, Inc.823$19.0K0.00%00.0%Unchanged
Cherry Tree Wealth Management, LLC830$19.0K0.00%00.0%Unchanged
Russell Investments Group, Ltd.720$16.5K0.00%+204+39.5%Added
Amalgamated Bank629$14.0K0.00%00.0%Unchanged
GWM Advisors LLC404$9.24K0.00%+4+1.0%Added
Cullen/Frost Bankers, Inc.331$7.58K0.00%+57+20.8%Added
Nelson, Van Denburg & Campbell Wealth Management Group, LLC301$6.89K0.00%00.0%Unchanged
Smartleaf Asset Management LLC295$6.58K0.00%+170+136.0%Added
Tower Research Capital LLC (TRC)229$5.24K0.00%−2,687−92.1%Reduced
Comerica Bank204$4.67K0.00%00.0%Unchanged
Allworth Financial LP129$2.95K0.00%+44+51.8%Added
Continuum Advisory, LLC128$2.83K0.00%00.0%Unchanged
Huntington National Bank102$2.33K0.00%−23−18.4%Reduced
Lindbrook Capital, LLC69$1.58K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.64$1.47K0.00%00.0%Unchanged
Sterling Capital Management LLC57$1.30K0.00%+57New
Private Wealth Management Group, LLC47$1.08K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC24$1.00K0.00%00.0%Unchanged
GAMMA Investing LLC34$7780.00%+34New
Signaturefd, LLC25$5720.00%00.0%Unchanged
Capital Performance Advisors LLP20$4580.00%+20New